We theoretically investigate the plasmon modes of alternating-twist multilayer graphene. In multilayer systems, interlayer coupling gives rise to distinctive plasmon modes, but calculations in moiré systems remain challenging due to their complex tunneling structures. Using the Kac-Murdock-Szegő Toeplitz formalism, we derive that the in-phase mode exhibits the conventional √q behavior, while the out-of-phase modes acquire plasmon gaps determined by specific interband transitions between Dirac cones with different velocities in the long-wavelength limit. We demonstrate that these out-of-phase modes remain undamped in the weak Coulomb-interaction limit when the twist angle exceeds a critical value (θ ≳ 2.75^∘ for the alternating-twist trilayer case), regardless of the carrier density as long as the low-energy effective Dirac Hamiltonian remains valid. Furthermore, we consider the effect of a perpendicular electric field, and demonstrate how plasmon modes can be tuned by a gate voltage.